Export Credit Guarantee Corporation (ECGC) is a company wholly-owned by the Government of India (GoI). It functions under the administrative control of the Ministry of Commerce & Industry, Department of Commerce, and GoI. It is managed by a Board of Directors comprising representatives of the government, Reserve Bank of India (RBI), banking, insurance and exporting community.

ECGC of India Limited was established on July 30, 1957 by the GoI to strengthen the export promotion drive by covering the risk of exporting on credit. The GoI had set up the Export Risks Insurance Corporation (ERIC) in July 1957 to provide export credit insurance support to Indian exporters. It was transformed into Export Credit & Guarantee Corporation Limited (ECGC) in 1964. To bring the Indian identity into sharper focus, the Corporation's name was once again changed to the present Export Credit Guarantee Corporation of India Limited in 1983. Since its inception, ECGC is a member of International Credit Insurers Association (Berne union). It has been registered with the IRDA on September 27, 2002.

For the claims paying ability the ECGC has been given a rating of IAAA by the rating agency ICRA. The primary goal of ECGC is to support and strengthen the export promotion drive in India by providing a range of credit risk insurance covers to exporters against loss in export of goods and services and also by offering guarantee covers to banks and financial institutions to enable exporters to obtain better facilities from them.

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